GREY:BUGVF - Post by User
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Just33on Apr 01, 2020 9:56am
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Post# 30867748
What this LOI with Beauty Kitchen / Marianna means
What this LOI with Beauty Kitchen / Marianna means-The acquisition of 25% of a celebrity beauty brand (Sean "Puffy" Combs, David Arquette, Christina Milian, The Real Housewives of Beverly Hills and so on use their products) -Acquisition of a well known brand that has been around for 8 years in the US regularly featured in the media -Acquisition of a brand that has over 120,000 social media followers on IG, Twitter, YouTube and Facebook, all of which could maybe turn and start following PRMO & Marianna once the spin-out has been completed. -Access to over 100 different CBD and non-CBD beauty products (hand sanitizer, creams and lotions, eye gels, soaps etc...) -PRMO can now offer white-labeling capabilities for companies (Beauty Kitchen white-labels their products for various companies) -PRMO can go to market right away with any of these products without the use of spending large sums of money on R&D and formulations. -PRMO now has the option of creating a full line of (CBD or non-CBD) products branded with their name on it In my opinion this is a great beginning to an amazing business relationship.